Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

24)An outsourcing strategy A) is nearly always a more attractive strategic option than merger and acquisition strategies. B) carries the substantial risk of raising a

24)An outsourcing strategy A) is nearly always a more attractive strategic option than merger and acquisition strategies. B) carries the substantial risk of raising a company's costs. C) carries the substantial risk of making a company overly dependent on its suppliers. D) increases a company's risk exposure to changing technology and/or changing buyer preferences. E) involves farming out certain value chain activities presently performed in-house to outside vendors.

25)Why might a company not choose to outsource certain value chain activities presently performed in-house? A) because it streamlines company operations in ways that improve organizational flexibility and cuts the time it takes to get new products into the marketplace B) because it allows a company to concentrate on its core business, leverage its key resources, and do even better what it already does best C) because it helps the company assemble diverse kinds of expertise speedily and efficiently D) because it enables a company to gain better access to end users and better market visibility E) because it improves a company's ability to innovate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Marketing

Authors: Nigel Piercy and David Cravens

10th edition

78028906, 978-0078028908

More Books

Students also viewed these General Management questions